Urbannizer Posted July 10, 2015 Share Posted July 10, 2015 http://downtownhouston.org/site_media/uploads/attachments/2015-07-10/Downtown_Real_Estate_Update_2015-2Q.pdf 1 Quote Link to comment Share on other sites More sharing options...
fkp5 Posted July 10, 2015 Share Posted July 10, 2015 From the article: "Developers quickly claimed the tax credits, and Houston doubled the size of the initiative to a total of 5,000 housing units in 2014. Developers signed up for the last of these incentives early this year; however, some might drop out because of concern that Houston’s energy economy will be damaged by falling oil prices or that too much competition exists from other apartments under construction. “One or two may have stalled because of the change in the price of oil,” says Parker, but she notes that the city has a waiting list of other developments interested in the incentives." Does that mean that other projects could get the incentives if a developer who already has incentives drops their project? 2 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted July 10, 2015 Share Posted July 10, 2015 Sure sounds like it! Let's hope they're working on addressing that. Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted July 10, 2015 Share Posted July 10, 2015 Could be a push for some developments (Camden) to either move forward or else risk losing tax breaks for their projects 3 Quote Link to comment Share on other sites More sharing options...
Triton Posted July 11, 2015 Share Posted July 11, 2015 For those new to HAIF, please don't forget to check out this website for all the development (or most of it, at least) in Houston: http://devmap.io/cities/houston/developments Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted July 17, 2015 Share Posted July 17, 2015 New development map: http://downtownhouston.org/site_media/uploads/attachments/2015-07-17/150717_Development_Map__Renders_11X17.pdf 1 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted July 17, 2015 Share Posted July 17, 2015 Dammit! I checked the site yesterday wondering when the hell they were going to update that.. Quote Link to comment Share on other sites More sharing options...
Luminare Posted July 20, 2015 Share Posted July 20, 2015 Maybe they should check number 11. I think they might want to fix the floating blue box flying away from the blue border... Quote Link to comment Share on other sites More sharing options...
rechlin Posted July 20, 2015 Share Posted July 20, 2015 They already fixed number 11 (and fixed incorrect text in one of the boxes), plus changed some dates, on the amended one posted in the other thread (notice the _1 in the URL): http://downtownhouston.org/site_media/uploads/attachments/2015-07-17/150717_Development_Map__Renders_11X17_1.pdf Quote Link to comment Share on other sites More sharing options...
Luminare Posted July 20, 2015 Share Posted July 20, 2015 they should really use a single different color for completed projects. Quote Link to comment Share on other sites More sharing options...
Timoric Posted July 22, 2015 Share Posted July 22, 2015 (edited) - Edited July 9, 2019 by Timoric 2 Quote Link to comment Share on other sites More sharing options...
Triton Posted August 8, 2015 Share Posted August 8, 2015 Data from CB. Houston is number 2 in US in multifamily permits: http://blog.chron.com/primeproperty/2015/08/houston-no-2-for-multifamily-permits/ 1 Quote Link to comment Share on other sites More sharing options...
RocketSci Posted August 9, 2015 Share Posted August 9, 2015 Ongoing work this week on the block at St. Joseph and San Jacinto (#22 on the development list), apparently earlier than 4th quarter start. Per HBJ : Houston-based Allied Orion Group plans to build an eight-story, 242-unit apartment on a city block bounded by San Jacinto, St. Joseph, Caroline and Jefferson. Construction is expected to start in the fourth quarter with the estimated completion date in the second quarter of 2017. 1 Quote Link to comment Share on other sites More sharing options...
Alec Posted August 9, 2015 Share Posted August 9, 2015 I have added most of the new developments discussed in Going Up! in the last month to devmap.io, if they weren't already there. The following should appear on the map in a day or two: City View LoftsUH Housing at Scott and ElginThe MondrianFenix EstatesRiver Oaks CollectionSaint Vincent SquareAlexan Southside PlaceEast End affordable housing by New Hope Please PM me if you'd like me to add anything else. Quote Link to comment Share on other sites More sharing options...
Avossos Posted August 9, 2015 Share Posted August 9, 2015 I have added most of the new developments discussed in Going Up! in the last month to devmap.io, if they weren't already there. The following should appear on the map in a day or two:City View LoftsUH Housing at Scott and ElginThe MondrianFenix EstatesRiver Oaks CollectionSaint Vincent SquareAlexan Southside PlaceEast End affordable housing by New HopePlease PM me if you'd like me to add anything else.Could you link us? Quote Link to comment Share on other sites More sharing options...
Alec Posted August 9, 2015 Share Posted August 9, 2015 Could you link us? Yes, I linked each development to its corresponding HAIF thread. Or if you mean link to devmap.io, it's http://devmap.io/cities/houston/developments. Again, the recent additions won't show up for a couple days - all edits need mod approval over there. Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted August 14, 2015 Share Posted August 14, 2015 Stalled Projects are Back on The Boards You might think construction projects are stalling left and right in Houston. Not so, according to panelists at yesterday morning’s Bisnow New Construction & Development event. Arch-Con CEO Michael Scheurich (right, pictured with McGriff Seibels & Williams’ Marc Boots) says a number of developments were put on pause at the end of last year/early this year. But now people are breathing again, and most are back on. Moreover, many of them are even expedited. To his amazement, even office developments are all systems go again. He says the only projects he’s had pause and not return are multifamily. Ziegler Cooper senior principal Kurt Hull (right, pictured with moderator Thompson & Knight partner Bruce Merwin) has a slightly different experience but the same general sense. He hasn’t seen any multifamily developments stall because of oil. He has had office projects go on hold in Uptown and The Woodlands, but then he also recently received some new pure office assignments. (Those single-use buildings will become increasingly rare this cycle, he says—already, almost every project Ziegler Cooper’s working on has some mix of uses.) Kurt says developers are back to being aggressive because they’re looking at multiple years of design and construction lead time, and because no one’s making new land—if you’re going to take advantage of the best sites, you need to do it now.Read more at: https://www.bisnow.c..._medium=Browser Houston Developers Defying National Percecption with New Projects It’s almost trendy in other parts of the country to talk about how Houston will fail and to forget trying to get financing, Hanover Co CIO Brandt Bowden says. But they’re all wrong, and Hanover could break ground on another apartment complex here this year. Hanover’s got two projects in lease-up, and Brandt (far right, with his fellow panelists at Bisnow’s New Construction & Development event Wednesday) says the firm was expecting a rough process at the end of last year. But he’s been pleasantly surprised; operations have remained strong. There was a huge overhang of multifamily demand—especially inside the Loop—that bled into this year. 2016 deliveries will be 40% lower than this year, and the pipeline isn’t being replenished. Hanover is considering starting construction on another development this year, and Brandt says it expects to do about three more in 2016 and 2017. If they don’t happen, it probably won’t be because of weak demand or fundamentals, Brandt says (although he does think operations might hit a snag later this year), but because there’s still been no relief on labor or construction prices. Howard Hughes EVP Peter Doyle (center, with DHR International’s Sayres Dudley and Morris Architects’ Doug Childers) has been through seven cycles since 1965 and although he’s normally very optimistic, this time he’s prepared to hunker down. Office is getting negative absorption and he says almost every office building will end up with a sublease or two, so he expects rents to drop. But Peter admits he’s in favor of a softening in Houston and The Woodlands—the price of land, housing and leased space has increased so much that we’d started to lose our competitive edge versus other markets. While development is easing in most sectors, retail is just coming to the table, says NewQuest EVP Chris Dray, pictured, left, with moderator Insgroup SVP Philip Wise. NewQuest has 13 retail projects under development, including three mixed-use centers inside the Loop. One of the biggest changes is the resurgence of the big box—six or seven power centers are planned across the metro. But he’s got his eye on something that’d be a true game changer. If Gulf Coast Commercial develops vertical retail at the former Tarkett site in the Heights, it’d be the first of its kind in Texas. Nothing definitive has been announced, but Chris believes it’ll happen and says “it’ll change everything.”Read more at: https://www.bisnow.com/houston/news/mixed-use/houston-developers-defying-national-perception-with-new-projects-49116?utm_source=CopyShare&utm_medium=Browser 4 Quote Link to comment Share on other sites More sharing options...
LarryDierker Posted August 14, 2015 Share Posted August 14, 2015 Hanover is considering starting construction on another development this year, and Brandt says it expects to do about three more in 2016 and 2017. Please be Hanover River Oaks!!! 2 Quote Link to comment Share on other sites More sharing options...
Avossos Posted August 14, 2015 Share Posted August 14, 2015 Please be Hanover River Oaks!!!Yes!! Quote Link to comment Share on other sites More sharing options...
Avossos Posted August 30, 2015 Share Posted August 30, 2015 I miss the flood of new proposals 5 Quote Link to comment Share on other sites More sharing options...
Twinsanity02 Posted September 3, 2015 Share Posted September 3, 2015 Any news out there on the Great Southwestern remodeling. Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 4, 2015 Share Posted September 4, 2015 http://www.hvs.com/Personnel/607/Luigi.Major/?id=607&bp=1864 Proposed Lifestyle Hotel, Houston http://www.hampshirehotels.com/locations-en.html DREAM HOUSTON - Coming 2016 Quote Link to comment Share on other sites More sharing options...
lockmat Posted September 5, 2015 Share Posted September 5, 2015 To be ready by 2016 they would have to start now. 1 Quote Link to comment Share on other sites More sharing options...
Triton Posted September 5, 2015 Share Posted September 5, 2015 I miss the flood of new proposals You know when I joined this forum? 2007. During that time, there were proposals coming left and right. Titan... River Oaks District was massive with several highrises... Blvd place had several highrises...Turnberry Tower and there was a flood of other projects. Guess what happened? The financial crisis the next year. Projects either got cancelled or were indefinitely on hold. Just several years later and all of these projects materialized in some shape or form. Hell, even more projects beyond imagination appeared come late 2012 and 2013 and early 2014. I tend to post negative articles for the past year now about the Houston real estate market... but I'm a firm believer that we'll have another boom several years from now where we can be excited and see new proposals coming at us every week at the rate we saw during the last boom. This boom has brought us one step closer to becoming a truly urban place... I feel like it's improved the fundamentals of this city... actually seeing growth in downtown and the immediate area... parks completely revitalizing areas... Once overlooked areas becoming hot spots for activity. Patience.... that's the biggest thing we'll need for right now. 7 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted September 5, 2015 Share Posted September 5, 2015 Patience.... that's the biggest thing we'll need for right now. YES! You can't transform a city in 5 years it will take decades, especially a city the size of Houston. Quote Link to comment Share on other sites More sharing options...
lockmat Posted September 5, 2015 Share Posted September 5, 2015 YES! You can't transform a city in 5 years it will take decades, especially a city the size of Houston. Basically you'll have your walkable city when you're using a walker or are dead. Quote Link to comment Share on other sites More sharing options...
mfastx Posted September 7, 2015 Share Posted September 7, 2015 You know when I joined this forum? 2007. During that time, there were proposals coming left and right. Titan... River Oaks District was massive with several highrises... Blvd place had several highrises...Turnberry Tower and there was a flood of other projects. Guess what happened? The financial crisis the next year. Projects either got cancelled or were indefinitely on hold. Just several years later and all of these projects materialized in some shape or form. Hell, even more projects beyond imagination appeared come late 2012 and 2013 and early 2014. I tend to post negative articles for the past year now about the Houston real estate market... but I'm a firm believer that we'll have another boom several years from now where we can be excited and see new proposals coming at us every week at the rate we saw during the last boom. This boom has brought us one step closer to becoming a truly urban place... I feel like it's improved the fundamentals of this city... actually seeing growth in downtown and the immediate area... parks completely revitalizing areas... Once overlooked areas becoming hot spots for activity. Patience.... that's the biggest thing we'll need for right now. Haha, yeah, those were the days. Remember that Deyaar(sp?) Post Oak proposal? Like an 80 story tower right on Richmond/Post Oak? Man if only that thing went up, lol. 2 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 11, 2015 Share Posted September 11, 2015 New development map for September: http://www.downtownhouston.org/site_media/uploads/attachments/2015-09-11/150910_Development_Map__Renders_11X17.pdf 3 Quote Link to comment Share on other sites More sharing options...
Popular Post downtownian Posted September 11, 2015 Popular Post Share Posted September 11, 2015 New development map for September: http://www.downtownhouston.org/site_media/uploads/attachments/2015-09-11/150910_Development_Map__Renders_11X17.pdf Just to put it into perspective. Downtown is currently at 3,024 housing units including the recently completed Skyhouse. Per the Development Map:Year-end 2015: 3,747 unitsYear-end 2016: 5,020 unitsYear-end 2017: 7,041 units (most of the units come online in first half of 2017) Over the next 20 months, 4,017 new units come online, an increase of 133% from current. This wave of construction will bring 4,353 new units total (including the already completed Skyhouse), a 162% increase. 10 Quote Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted September 15, 2015 Popular Post Share Posted September 15, 2015 Renderings and webcams (if available) are being added to the first post of every thread. 15 Quote Link to comment Share on other sites More sharing options...
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